IBMQvsSUBETF Comparison
VS
iShares iBonds Dec 2028 Term Muni Bond ETF (IBMQ) and iShares Short-Term National Muni Bond ETF (SUB) belong to the same industry segment: Municipal Bonds. Both ETFs have the same top 2 sector exposures: Municipal and Non-Corporate. IBMQ is more expensive with a Total Expense Ratio (TER) of 0.1%, versus 0.07% for SUB. IBMQ is up 0.95% year-to-date (YTD) with +$112M in YTD flows. SUB performs worse with 0.64% YTD performance, and +$2.50B in YTD flows. Run a side-by-side ETF comparison of IBMQ and SUB below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
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IBMQ vs SUB performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 10/16/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | IBMQ SUB | +0.01%+0.09% | -0.28%-0.38% | +0.95%+0.64% | +1.38%+1.13% | +11.22%+9.28% | +3.03%+7.37% |
| Flows | IBMQ SUB | +$13M+$1.05B | +$34M+$1.51B | +$112M+$2.50B | +$172M+$2.84B | +$468M+$3.82B | +$617M+$6.63B |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | IBMQ SUB | +1.51%+1.90% | +0.99%+1.15% | +1.79%+1.17% | +2.37%+1.22% |
| Max drawdown | IBMQ SUB | -1.57%-1.94% | -1.57%-1.94% | -2.26%-1.94% | -10.68%-3.94% |
| Max drawdown duration | IBMQ SUB | 52d52d | 52d52d | 212d52d | 1300d771d |
Trading data
IBMQ | SUB | |
Last sale 10/16/2026 at 1:30 PM | $25.27 | $105.28 |
| Previous close 10/15/2026 | $25.27 | $105.28 |
| Consolidated volume 10/15/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Replication quality
Data as of September 30, 2026
1-year trailing difference
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IBMQ | SUB | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
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Main metrics
Last update 10/16/2026 at 1:30 PM
Live
Closed
IBMQ | SUB | |
|---|---|---|
| Last price | $25.27 | $105.28 |
| 1D performance | +0.00% | +0.00% |
| AuM | $683.47 M | $12.74 B |
| E/R | 0.1% | 0.07% |
Characteristics
IBMQ | SUB | |
|---|---|---|
| Management strategy | Passive | Passive |
| Provider | iShares | iShares |
| Benchmark | S&P AMT-Free Municipal Series Callable-Adjusted Dec 2028 Index | ICE Short Maturity AMT-Free US National Municipal Index |
| N° of holdings | 908 | 1169 |
| Asset class | Fixed Income | - |
| Trailing 12m distribution yield | Join | Join |
| Inception date | April 16, 2019 | November 5, 2008 |
| ESG | No | No |
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Exposure
Countries
IBMQ
USA
48.81%
Other
51.19%
SUB
USA
46.89%
Other
53.11%
Sectors
IBMQ
Municipal
48.73%
Other
51.27%
SUB
Municipal
46.88%
Other
53.12%
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Diversification
IBMQ
Total weight of top 15 holdings out of 15
5.74%
SUB
Total weight of top 15 holdings out of 15
3.97%
Top 15 holdings
Data as of August 31, 2026
IBMQ
New Jersey Economic Development Authority, 5% 1mar2028, USD (2023)
0.56%
US13034A5B23
0.51%
New York Metropolitan Transportation Authority, 5% 15nov2028, USD (2020E)
0.48%
Pennsylvania, 5% 1jan2028, USD (2017)
0.42%
US235219UU41
0.40%
California, 5% 1oct2030, USD
0.39%
Kentucky Public Energy Authority, 4% 1feb2050, USD
0.38%
New Jersey, 5% 1jun2028, USD
0.38%
New York Transitional Finance Authority, 5% 15jul2031, USD
0.36%
Illinois, 5% 1oct2028, USD (2018A)
0.33%
US60374VEW90
0.32%
Missouri Board of Public Buildings, 4% 1oct2028, USD
0.31%
US18085PTE42
0.30%
North Texas Tollway Authority, 0% 1jan2028, USD (2008D, 7212D)
0.30%
US161045NS42
0.30%
SUB
US13063EUS35
0.44%
New Jersey Economic Development Authority, 5% 1mar2028, USD (2023)
0.36%
US64972JWP91
0.33%
New York Municipal Water Finance Authority, FRN 15jun2053, USD (2023)
0.27%
US13063EDB92
0.26%
US89602RPH20
0.25%
Empire State Development Corp., 5% 15sep2028, USD (2022A)
0.25%
US91412HWB58
0.24%
US646140JM63
0.24%
California, 5% 1nov2027, USD
0.23%
California, 5% 1apr2029, USD
0.23%
US812643H643
0.23%
US373385QU02
0.22%
City of New York, FRN 1feb2056, USD (2026)
0.22%
US207758Y563
0.20%
Frequently asked questions about IBMQ and SUB
How have the IBMQ and SUB ETFs performed in 2026?
As of October 16, 2026, IBMQ is up 0.95% year-to-date (YTD), while SUB has returned 0.64%. That puts IBMQ better performer ahead so far this year.
Which ETF is attracting more investor money: IBMQ or SUB?
Year-to-date, the IBMQ ETF saw +$112M in flows, compared to +$2.50B for SUB.
Which ETF is more volatile: IBMQ or SUB?
Over the past year, IBMQ had a volatility of 0.99%, while SUB experienced 1.15%.
Which ETF is bigger: IBMQ or SUB?
As of October 16, 2026, IBMQ holds $683.47 M in assets under management (AUM), while SUB manages $12.74 B.
What sectors do the IBMQ and SUB ETFs invest in?
IBMQ leans toward sectors like Municipal. Meanwhile, SUB focuses on Municipal.
What are the top holdings of the IBMQ ETF and SUB ETF?
IBMQ top holdings include New Jersey Economic Development Authority, 5% 1mar2028, USD (2023), US13034A5B23 and New York Metropolitan Transportation Authority, 5% 15nov2028, USD (2020E). SUB holds in its top three: US13063EUS35, New Jersey Economic Development Authority, 5% 1mar2028, USD (2023) and US64972JWP91.
Which ETF is more diversified: IBMQ or SUB?
IBMQ holds 2776 securities with 5.74% of its assets in the top 15. SUB has 2884 securities and a top 15 weight of 3.97%.
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Latest news about IBMQ & SUB
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